PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 27.Jun.2025, Words: 215) — France’s TotalEnergies inked an agreement to acquire the 25% interest held by Moeve (formerly known as CEPSA) in block 53, offshore Suriname. As such, the French energy giant joins the US’ APA Corporation (operator, 45% WI) and Malaysia’s Petronas (30% WI) as partners in this license.
Suriname’s block 53 contains the Baja-1 discovery, drilled near the border of block 58.